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12 Jan 2024

EUR/CZK: Likely range for today will be 24.70-24.80 – ING

EUR/CZK has jumped up to 24.70, last week's levels. Economists at ING analyze the pair’s outlook.

Czech  Koruna will have to be at weaker levels for a bit longer than we expected

The likely range for today will be 24.70-24.80, but we don't expect more weakness. 

CZK has proven resilient enough, and the market is already in short positioning. Therefore, we remain rather positive here, but the CZK will have to be at weaker levels for a bit longer than we expected.

 

Jan 12, 2024

EUR/USD: More days of rangebound trading, with some modest downside risks – ING

On Thursday, EUR/USD was rejected at the 1.1000 key resistance level.
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Jan 12, 2024

USD/MXN drops to near 16.87 on improved risk appetite, focus on US PPI

USD/MXN extends its losses for the second straight day, possibly due to the improved risk appetite as traders price in the possibility of resuming rate cuts in March and May.
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